Home prices
The median home in Toro Canyon is valued at $1,791,700. This is roughly $699,260 (64%) higher in comparison to nearby areas.Compared to the nation as a whole it is roughly $1,574,200 (723%) higher, and in comparison to the city of Los Angeles it is roughly $1,154,800 (181%) higher.
Rents
Toro Canyon's median monthly rent is $3,167. This is roughly $1,235 (63%) higher in comparison to its surrounding areas.It is roughly $2,105 (198%) higher compared to the rest of the nation, and is approximately $1,717 (118%) higher in comparison to the city of Los Angeles.
Nearby places
Carpinteria
Carpinteria is Toro Canyon's neighbor to the southeast. The real estate prices there are substantially less expensive. The value of the median home in Carpinteria is $705,300, which comes out to $1,086,400 (154%) lower than Toro Canyon. Its rents are substantially less expensive. In Carpinteria the median monthly rent is $1,940, which comes out to $1,227 (63%) lower than Toro Canyon.
Montecito
Montecito is Toro Canyon's neighbor to the west. Real estate prices there are a little more expensive. The cost of the median home in Montecito is $2,000,001, which comes out to $208,301 (10%) higher than Toro Canyon. Rents there are a little less expensive. The median rent in Montecito is $2,404 a month, which works out to $763 (31%) lower than Toro Canyon.
Mission Canyon
Mission Canyon is roughly 8 miles west of Toro Canyon. The housing prices there are substantially less expensive. The price of the median home in Mission Canyon is $1,165,900, which is $625,800 (53%) lower than Toro Canyon. The rent there is significantly less expensive. Mission Canyon's median rent is $2,181 per month, which is $986 (45%) lower than Toro Canyon.
Santa Barbara
Santa Barbara is roughly 8 miles west from Toro Canyon. Real estate prices there are a lot less expensive. The median home in Santa Barbara is valued at $1,051,500, which is $740,200 (70%) lower than Toro Canyon. Rent there is significantly less expensive. Santa Barbara's median rent is $1,786 a month, which works out to $1,381 (77%) lower than Toro Canyon.
Oak View
Oak View is roughly 13 miles east from Toro Canyon. Its housing prices are significantly less expensive. The median home in Oak View is valued at $539,500, which comes out to $1,252,200 (232%) lower than Toro Canyon. Rents there are a lot less expensive. Oak View's median rent is $1,351 a month, which is $1,816 (134%) lower than Toro Canyon.